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Robust employee reward and recognition programs have always been crucial for attracting, retaining, ...
Employee benefits refer to non-wage compensation that employers offer to their employees as part of ...
Compensation and rewards play a huge role in attracting, motivating, and retaining talent. Consider ...
“Our wellness benefit amount is doubled”, said my niece with a glint in her eyes. Talk to any Gen Z or a Millennial and they prefer a compensation package that fits their ever-evolving needs; and as we know, everyone’s needs and preferences are different. Therefore, for an organization to attract the best talent, they need to […]
The phrase “Moonlighting” is the term used to refer to working a covert job, especially at night. Employees would decide to work “under the moonlight,” or at night, after completing their day shifts at their principal job. Working a second job after regular business hours is known as moonlighting. As a result, an individual may […]
The COVID-19 pandemic has had a significant impact on the compensation landscape, with several notable changes taking place. The pandemic forced many organizations to adopt flexible work arrangements, such as remote work or flexible schedules, in order to maintain business continuity. As a result, many employees have come to expect more flexibility in their work […]
In today’s rapidly changing business environment, designing a compensation package that drives performance has become a critical challenge for organizations. This refers to the tangible reward given to employees in recognition of their time, hard work, and impact on the company. A thoughtfully crafted compensation system is vital to attract and retain top performers. It […]
Originating from Late Latin potentials, meaning “power” Potential generally refers to a currently unrealized ability. Since time immemorial, the concept of ‘human potential’ has fascinated both practitioners and leaders alike. Though it is believed that it is the potential that sets the upper limit for all individuals in the workplace, however now it is the time in […]
Better Reflect and Rapid, Than Fast and Furious! Productivity improvement is not about working harder or faster. It may not even be just about working smarter if one is too individual focussed. We sometimes forget that competition is not inside the organization. It is out there! Therefore, making it imperative to collaborate and work as […]
Post-COVID-19 our daily lives have changed considerably. The past months have brought many challenges; hybrid work culture, work-life balance, and employees’ well-being gained humongous buzz. Over a period of time, the role of HR has evolved exceedingly, and now there lies greater responsibility on the shoulder of HR to connect the dots. Improving and measuring […]
In an economic downturn, companies often focus on cost-cutting measures such as layoffs and reducing employee training budgets. However, this short-sighted approach can lead to a weaker workforce and ultimately harm the company’s long-term success. Instead, companies should prioritise workforce upskilling during an economic downturn. Upskilling, or the process of developing and improving the skills […]
Research by Gallup scientists identified three different dimensions that provided the simplest and most comprehensive definition of performance that best statistically predicts overall success in a role: That means that performance development (based on the above-mentioned dimensions) may require more critical thinking than organisations of today may be doing. Organizations appear to be more involved […]
Your people are the lifeblood of business and their well-being is the key to productivity. Whether it is a mom & pop store, a VC-funded tech start-up, or a well-established financial services company it is the employees’ well-being that transcends into business growth. 2023 is a very important year. The last three years exposed us […]
Most organizations don’t do performance management very well. Most performance management sessions are cursory at best and no matter how good a performance management system looks on paper, without the right conversations between a boss and a subordinate, real performance management doesn’t happen. Mediocre or poor performance management is even more likely in a virtual […]
How OKRs & Goal Settings Boost Employee Performance There is a saying that “Setting goals is the first step in turning the invisible into the visible.” This has a deep meaning inside and is quite visible when it comes to the people performance in any company OR as an organization as a whole. These days, […]
